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Search Results 0 to 9 of about 10 (some duplicates have been removed)
of the international banking for nearly two years. >>> back here in the bay area the city of stockton is getting ready for a big court hearing today that will decide its financial fate. coming up at 5:46 we will tell you about the challenges stockton faces when filing for chapter 9 bankruptcy. >>> today at the golden gate bridge crews are getting ready for the big switch to the electronic tolls. crews will be hanging electronic sign at the toll plaza today. then early wednesday morning that will be turned on and then you drivers will not stop. there will be -- >>> let's go over to sal. what are you keeping an eye on sal? >> looking at the traffic on the bay bridge toll plaza. just because it's our workhorse commute. something happens there. everyone knows about it. right now it's still light and there are no major problems coming here. there is a little bit of a delay but not much of one in the far left lanes for people who pay cash. the other lanes are moving through. this will get worse as we get to 6:00. bay bridge toll plaza looks good. 880 looking very nice. northbound 880 all the way up to the d
of the international banking for nearly two years. >>> back here in the bay area the city of stockton is getting ready for a big court hearing today that will decide its financial fate. coming up at 5:46 we will tell you about the challenges stockton faces when filing for chapter 9 bankruptcy. >>> today at the golden gate bridge crews are getting ready for the big switch to the electronic tolls. crews will be hanging electronic sign at the toll plaza today. then early wednesday morning that will be turned on and then you drivers will not stop. there will be -- >>> let's go over to sal. what are you keeping an eye on sal? >> looking at the traffic on the bay bridge toll plaza. just because it's our workhorse commute. something happens there. everyone knows about it. right now it's still light and there are no major problems coming here. there is a little bit of a delay but not much of one in the far left lanes for people who pay cash. the other lanes are moving through. this will get worse as we get to 6:00. bay bridge toll plaza looks good. 880 looking ve
. heather: good thing. all right so growing concerns for the future of u.s. cities as stoc stockton, california heads to bankruptcy court. they racked up a billion dollars in debt in two years. we hear about other places in similar situation. some are wondering whether other u.s. cities will soon follow. matt mccall is president of financial group l. l. c. and countdown to the closing bell on fox network. california's 13th largest city officially heading to bankruptcy court today. a city in detroit trying to avoid the same thing, the largest city ever to be put under state control. if i live in a small town say in mississippi, i live in a farming community out in midwest or here in the big city of new york city, why do i care, how does it effect me, liz? >> it is interesting if you are part of a municipality that is in debt. when it comes to the clip that happened here situation probably unlikely unless your city finances are in such arrears and a dire state that you too should be watching. everyone can learn a lesson with what is happening in stockton, california today. heather: ta
idea like tracie or stockton would be a better place to have veteran housing but why not here. >> the plan for veteran housing is a long way from becoming a reality. heaton must get to the owners of the land, convince them to sell it and the city to build housing. >>> this will break your heart. a few months after he beat lymphoma, a 6-year-old boy is fighting for his life again against leukemia. he needs a bone marrow transplant to save his life. the leukemia is aggressive and chemotherapy will not cure it. the family has been told there are not many people of hispanic descent in the current database. finding a match will be extremely challenging. eduardo's classmates and teachers are spreading the word about finding a bone marrow match. the family hopes their son's story will inspire others to answer the call. >> i'm really convinced we can find it and save him and do whatever we need to do to convince the people to do the test. >> a bone marrow drive for eduardo will happen at river glen school next friday march 29th. it will start at 2:30 in the afternoon and end at 7:00.
help stop a republican filibuster in the senate. >> right now the city of stockton in federal court is poised to become the largest city in the nation to enter bankruptcy. they face a four-day fight over the chapter 9 bankruptcy petition. creditors are challenging the move. for years the city based salaries and benefits and borrowing on anticipated developer fees and increasing property tax revenue but that vanished when the mortgage bubble burst and slashed tens in millions in services and programs but drew the line at cutting pensions or retiree benefits. >> mike is off but lisa is here with the forecast. >> it has been cloudy and cool this morning. we are seeing some sunshine in parts of the bay but still looking mild out there. don't want to give it all away we have the last week of march, easter week, and that is all straight ahead. >> plus, a new warning from medical experts, what many new mothers are doing too soon. >> the mystery deepens over who won one of the biggest >> cupertino, wine country and all the bay area this is abc7 news. >> study suggests many mothers give thei
the city has done everything possible to pay its debt, stockton would be first city to file for bankruptcy. >>> lawyers for dr. conrad murray argue that prosecutors didn't prove jackson was hooked up to an i.v. drip of the drug that killed him. the defense theory claims that jackson administered the deadly doze himself while murray was away. murray is currently serving four years in prison. >>> apple has acquired a palo alto start up for a reported $20 million. wifi slam focuses on indoor mapping and has developed technology that can locate a users location using wifi. the purchase is among several the cupertino company has made in recent years in an effort to improve it's mapping capabilities. >>> the san jose city council is expected to improve an incentive couple for the expansion of samsung semi conductor. the deal was outlined in a signing with governor brown and senator reed. it includes reimbursements. samsung is a subsidiary of samsung electronics. >>> for many christians, easter is a time to reflect on god's gift to mankind but for others it can be a chance to delight on candy and
week the library of congress selected it along with 23 other recordings for preservation. >>> stockton is said to become the most popular city in the nation to enter bankruptcy when its trial begins tomorrow. creditors who have lent the city money are challenging its chapter 9 bankruptcy petition. creditors plan to argue that the city has not done enough to cut spending. >>> a mock plane crash here in the bay area was designed to help specially trained dogs sharpen their search skills. crews with their dogs took part in this training in the shell ridge open space in walnut creek. the goal was to train volunteers for a real-life emergency. >> the dog handlers, their crews would come out, locate the casualties, and then provide treatment and ultimately evacuation. organize wears the california search and rescue dog association say rescuers don't usually see this type of situation, and they're hoping that this drill will help them in the future in case the real thing happens, they will be better prepared. >> coming up on 9:24. let's turn to rosemary and see how we're looking. the last cou
people they have to answer to our corporations. david stockton outlined a strategy in the 1980's. evenight wing noted that through republican presidents like eisenhower and nixon, you could not cut popular programs like social security or medicare. and government grew at a slower rate. they can love with a strategy of starving the bees. -- they came up with a strategy of starving. the starving -- they huge deficits sta up with a strategy of rving the beast. creating huge deficits. republicans deny care about deficit at all -- do not care about deficits at all. what they do care about is cutting government. to quote grover norquist, it can b t in a bath tu [indiscernible] they call it something else but it would destroy both programs. their goal is to destroy government. corporations paid on average 40% of profits for taxes. arey large corporations 12ing about fall% -- about %. they ryan budget would lower that further. millionaires with a $200,000 tax cut -- would get a 200,000 todollar tax curt. t. host: a tweet -- is true.at if you looked at the budget, we have not had in the g
Search Results 0 to 9 of about 10 (some duplicates have been removed)